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NEW QUESTION: 1
Which language was designed for the primary purpose of querying data, modifying data, and managing databases in a Relational Database Management System?
A. C++
B. Java
C. SQL
D. Visual Basic
Answer: C
Explanation:
SQL is a special-purpose programming language designed for managing data held in a relational database management system (RDBMS).
NEW QUESTION: 2
Your company decides to use the formless approval process for the first time. What is your next step to activate this feature?
Please choose the correct answer.
Response:
A. Nominate a successor
B. Contact Customer Success or Professional Services
C. Approve the nomination
D. Grant Succession Approval Permission
Answer: B
NEW QUESTION: 3
Charlotte Villa, CFA, is a portfolio manager analyzing two securities. The 10-year bonds of Zehmer Corp.
are callable beginning in two years. The 10-year bonds of Cavalier Inc. are not callable, but have a floating coupon that adjusts annually based on a margin above comparable maturity U.S. Treasury issues with no limits on the rate adjustment. Both bond issues are rated AA. Villa uses a computer model to value individual bonds based on their zero-volatility spread and/or option-adjusted spread (OAS). She decided to increase the interest rate volatility assumption in her model without changing any of the other model inputs.
Identify how this change in assumption will affect the OAS for each bond.
A. The OAS for the Zehmer bond will decrease, but the OAS for the Cavalier bond will be unchanged.
B. The OAS for both bonds will increase.
C. The OAS for both bonds will decrease.
Answer: A
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